Center Financial gets possible delisting notice from Nasdaq

SarahTurner

LONDON (MarketWatch) -- Center Financial Corporation
clfc
said that it has received a notice from the Nasdaq stock exchange which stated that the company was not in compliance with market rules because its recently filed Form 10-Q for the 2005 second quarter did not include a review by an independent auditor or certifications from its chief executive officer and chief financial officer. The company's securities are now subject to delisting from the Nasdaq National Market. The company said it will request a hearing before the Nasdaq Listing Qualifications Panel to review the notice which will stay the delisting until the appeal has been heard and the Panel has rendered its decision.

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